About Government Refinance and Home Purchase Programs

Information and Updates on Government Mortgage Programs
Filed under Government Home Purchase Programs

While there are some government programs the allow for zero money down on home purchases, those programs don’t work for everyone. As a result, most home buyers need at least a 3.5% down payment to purchase a home. This time of year it is common for families to use a tax refund as part of their their down payment funds. The timing of tax refund checks aligns nicely with the start of spring, when there is traditionally an increase of homes being put up for sale.

See our home purchase page for more information on the various government-backed home purchase programs. If you have been worried about not having enough of a down payment to qualify for a home purchase, this is a good time of year to get qualified as tax refunds come in. Contact us on that home purchase page to learn more.

Comments (0) Posted by G.R.A. Admin on Saturday, February 8th, 2014


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